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nothing happens with moody's chief economist mark zandy, jackie comes of the "new york times" and cnn's dana bash. i'm candy crowley and this is "state of the union." >>> politically the speaker is playing with a weaker hand that the president, the pressure is higher on him and his critics are harder too. >> the republican party's finished. >> he is selling out our children right now with these massive tax increases and that's a starting bid. he's saying here $800 billion now will you sit down with us, obama? >> twistill with the votes get counted in his caucus of republicans, boehner seems to have more room to maneuver than he did in preelection face-offs over political matters. even if the republican speaker gets a deal, can he get it passed? joining me now, republican congressman tom cole of oklahoma and marsha blackburn of tennessee, thank you both so much for joining us, that's really the key question, we keep saying they'll get a deal, they'll get something. it doesn't matter whether the two of them get a deal, it matter also the speaker haas the house votes to vote for it. how free a
nothing happens with moody's chief economist mark zandy, jackie comes of the "new york times" and cnn's dana bash. i'm candy crowley and this is "state of the union." >>> politically the speaker is playing with a weaker hand that the president, the pressure is higher on him and his critics are harder too. >> the republican party's finished. >> he is selling out our children right now with these massive tax increases and that's a starting bid. he's saying...
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i want to go to dana bash joining me on the phone here. dana, huge surprise to a lot of people. what's behind the resignation. >> reporter: a huge stunner. nobody saw it coming. i was told by a source close to demint he didn't accept the job until yesterday telling the staff this morning, called the governor in south carolina who, of course, will have to appoint the successor and told the republican leaders here. but look. the reason why it's such a surprise is because demint really has been over the past few years somebody who takes pride in his job. and the role that any one senator can do, which is to gum up the works and very much, obviously, an inside job. he said he could be better outside than inside an he said he feels better about leaving because he has been able to get a number -- really, half a dozen tea party-like conservatives elected. >> let me jump in, dana. i want to run through them because, you know, when we think senator demint we think of a tea party stronghold within the u.s. senate and helped and also hurt a number of republican candidates. who were they? >
i want to go to dana bash joining me on the phone here. dana, huge surprise to a lot of people. what's behind the resignation. >> reporter: a huge stunner. nobody saw it coming. i was told by a source close to demint he didn't accept the job until yesterday telling the staff this morning, called the governor in south carolina who, of course, will have to appoint the successor and told the republican leaders here. but look. the reason why it's such a surprise is because demint really has...
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we'll have more next, with dana bash, it -- unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management at the chevy year-end event because chevy's giving more. more efficiency with sonic and cruze... more function in equinox and traverse... more dependability with the legendary silverado... and more style in the all-new malibu. chevy's giving more at the year-end event because 'tis the season. chevy's giving more. this holiday season, get a 2013 cruze ls for around $169 per month or get $500 holiday bonus cash. >>> joining me around the table, dana bash, chief economist, mark zandi, and you have a new book out entitled "paying the price." steven moore, and jackie calmes. let's just ask you two, first, so set the stage. will it be armageddon? should we all start hoarding gold? you get such differing opinions about what would happen. >> well, january 1, no, no big deal. particularly if the treasury d
we'll have more next, with dana bash, it -- unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management at the chevy year-end event because chevy's giving more. more efficiency with sonic and cruze... more function in equinox and traverse... more dependability with the legendary silverado... and more style in the all-new...
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dana, thanks very much. and i'm joined now by senator demint along with heritage foundation founding trustee, the current president, we see the outgoing president, ed feulner, thanks for coming in. we're going to talk a little about the state of the heritage foundation and the republican party. the senator's here, the newsmaker, you shocked all of us. why did you do this? >> wolf, after this last election it's apparent we need to do more as conservatives to convince americans that our ideas and policies are going to make their lives better. the heritage foundation is the premier think tank, research organization, the premier idea group for the conservative movement. this will give me the opportunity to help take our case to the american people. and to translate our policies into real ideas. >> so you think you can be more influential within the conservative movement as the leader of the heritage foundation as oppose today a united states senator? >> there's no question about it. >> what does that say about t
dana, thanks very much. and i'm joined now by senator demint along with heritage foundation founding trustee, the current president, we see the outgoing president, ed feulner, thanks for coming in. we're going to talk a little about the state of the heritage foundation and the republican party. the senator's here, the newsmaker, you shocked all of us. why did you do this? >> wolf, after this last election it's apparent we need to do more as conservatives to convince americans that our...
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let's bring in our senior congressional correspondent dana basch, she has the latest. >> reporter: there's so much political theater around here right now, you could say tickets. one of today's acts was the house leaving. lawmakers streaming out of the capitol hill, racing to their cars to get to the airport and go home. it's a scene you usually see on a thursday afternoon or friday morning, not wednesday at noon. >> good morning. >> house republican leaders told members they're free to leave, because they have nothing to vote on. >> i understand that you are saying legislation has been put on the floor. when it comes to just pure optics of the house leaving with the fiscal cliff right in front of us -- >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> in fact, sending lawmakers home is a way for house republicans to illustrate their current message, your move, mr. president. >> we need a response from the white house, we can't negotiate with ourselves. >> john boehner made a point at expressing dismay the presi
let's bring in our senior congressional correspondent dana basch, she has the latest. >> reporter: there's so much political theater around here right now, you could say tickets. one of today's acts was the house leaving. lawmakers streaming out of the capitol hill, racing to their cars to get to the airport and go home. it's a scene you usually see on a thursday afternoon or friday morning, not wednesday at noon. >> good morning. >> house republican leaders told members...
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cnn's dana bash live on capitol hill with more. why did senator demint decide to step down? >> we're trying to get more information from his aides. maybe find him in the hallways here. it's a bit of a surprise because demint has felt that he's been able to be effective here in congress because he has been kind of a conservative very willing to push his own leadership in ways that often times they don't want to be pushed with regard to deficit reduction, with regard to strict fiscal policy. that's by far his number one issue. i can tell you he's also really angered republican leaders over the past two election cycles by raising millions of dollars, a lot of money, for republican candidates who "establishment" thought were less able to win the general election. he is a purist. he's an anti-tax, anti-government purist. it does seem that he's kind of had it here. he wouldn't be the only one to say that they don't feel they can get enough done from the inside and it's probably better to go to the house. we'll try to get more information on why he's making this decision. not just
cnn's dana bash live on capitol hill with more. why did senator demint decide to step down? >> we're trying to get more information from his aides. maybe find him in the hallways here. it's a bit of a surprise because demint has felt that he's been able to be effective here in congress because he has been kind of a conservative very willing to push his own leadership in ways that often times they don't want to be pushed with regard to deficit reduction, with regard to strict fiscal...